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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Accounts receivable, allowance for doubtful accounts $ 6 $ 4
Assets [1] 5,885 6,085
Liabilities [1] 5,369 5,864
Consolidated VIEs    
Assets 70 85
Liabilities 21 23
Consolidated VIEs | Nonrecourse    
Liabilities 16 17
Sinclair Broadcast Group, LLC    
Accounts receivable, allowance for doubtful accounts 5 4
Assets [2] 4,689 4,837
Liabilities [2] 5,315 5,765
Sinclair Broadcast Group, LLC | Consolidated VIEs    
Assets 70 85
Liabilities 21 23
Sinclair Broadcast Group, LLC | Consolidated VIEs | Nonrecourse    
Liabilities $ 16 $ 17
[1] Our consolidated total assets as of December 31, 2024 and 2023 include total assets of Variable Interest Entities (“VIEs”) of $70 million and $85 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of December 31, 2024 and 2023 include total liabilities of the VIEs of $16 million and $17 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 13. Variable Interest Entities.
[2] Our consolidated total assets as of December 31, 2024 and 2023 include total assets of VIEs of $70 million and $85 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of December 31, 2024 and 2023 include total liabilities of the VIEs of $16 million and $17 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 12. Variable Interest Entities.